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Refer to the table below: % debt Cost of debt After tax cost of debt (T=30%) % equity Cost of equity WACC 0% 5.00% _____

Refer to the table below: % debt Cost of debt After tax cost of debt (T=30%) % equity Cost of equity WACC 0% 5.00% _____ 100% 9.00% 9.00% 10% 5.00% _____ 90% 9.60% 8.99% 20% 5.50% 3.85% 80% 10.20% 8.93% 30% 6.20% _____ 70% 10.80% _____ 40% 7.00% 4.90% 60% 11.60% _____ 50% 7.80% 5.46% 50% 12.40% _____ 60% 8.60% _____ 40% 13.60% _____ 70% 9.50% 6.65% 30% 14.80% _____ 80% 10.50% 7.35% 20% 16.00% 9.08% 90% 12.00% 8.40% 10% 19.00% 9.46% 100% 15.00% 10.50% 0% 24.00% 10.50%What is the WACC when the percentage of debt is 60%?

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